The Georgetown, Texas facility increases GAF Energy’s solar shingle manufacturing output by 500% to 300 MW per year.
The company’s revenues for Q3 pulled back 71% when compared with Q3 2022.
The renewable energy developer received funds from Cox Enterprises to accelerate its project portfolio.
Intersect Power achieved commercial operations for the project that includes 250 MW of 4-hour duration energy storage on site.
The company posted revenues of $45.1 million, a 48% increase over the third quarter 2022.
Targeting Inflation Reduction Act compliance, the company hired 200 new registered apprentices to complete the projects.
Each new home will be outfitted with 8 kW of solar and every two homes will be connected with a 43 kWh battery.
Louisville Gas and Electric and Kentucky Utilities will install 877 MW of solar, 500 MWh of energy storage, and will retire several fossil fuel plants.
The hydrogen company, Plug Power, issued a warning about its 2023 financial performance due to supply challenges in North America.
In the pv magazine Roundtables US 2023 live event, four expert panelists shared their views on the post-NEM 3.0 California rooftop solar market, and how energy storage will need to play an increasingly important role.
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